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Gas prices which went up 50 cents a gallon in july and august. spending rose but .1% last month so there you have it. american incomes rose only 1.1% in august. the worse month since november. the head of the united states postal service says the agency will indeed miss its second multibillion-dollar payment in as many months. the postal service owes the u.s. treasury $5.6 billion for future retiree health benefits and that bill is due on sunday. the post master general says the agency has already cut back as much as it possibly can. and get this, he says if congress passes some sort of reform...

Multimillion-dollar cost-cutting plan. the post master general says they can no longer wait for congress to come up with a way to cut costs. it is described as too big with a decline in first-class mail. changes include cutting 1300 jobs. now back to "on the record." for youralatest headlines, go to foxnews.com. irvetion watch out bill gates and warren buffett. mark zuckerberg could become the second richest man in the country. tomorrow's the big facebook ipo, $38 a share. the shares could explode. the new york times is here. >> good evening. >> greta: what's the expectation? it opens at $38, ...

They defend the practice. they believe it makes the children stronger. >> well, nearly 4,000 rural post offices getting another chance at life. diane mess said doe has the story for us. oo t >> good morning diane. >> yesterday the usps allowed the rural post offices to stay open. in return 13,000 offices could see their hours cut and full-time staff reduced. it is part of a two-year plan that would safe approximately half a billion dollars a year. the post master general said in a conference quote we looked at customers a third of our customers need. it allows us to achieve real savings. the c...

Terrible thing. the post master general originally wanted to shut down half of the processing plants in america, about 250 of them. all told, he wanted to shrink the workforce by over 200,000 workers in the middle of the worst economic downturn since the great depression. wanted to end saturday mail delivery. wanted to slow down mail delivery standards. what happened is senators lieberman and corp. introduced the bill that certainly was a heck of a lot better than what the post master general had proposed. in my view, it did not go far enough. i brought together two dozen members of the senate...

Of the pension problems, but you've got to hit it out of the park on this one, democrats. my guest on this has a better solution for all of it. i'm joined tonight by bernie sanders, independent senator from vermont. senator, good to have you with us tonight. this is one of these stories that i think i have to tell maybe every three weeks or once a month before the election. because i'm hearing on the radio, well, gosh, i didn't know that stamps pay for everything. i'm hearing on the radio, well, i didn't know about this 75-year thing into a ten-year window. no business could do that. so i ask ...